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Browsing: health benefits of eating cashew nuts
- Tanzania sets up first Fairtrade-certified cashew nuts processing plant in Mtwara region.
- The country’s cashew nuts market is poised to reach $860.25 million by 2029.
- Cashew nut exports generate $227 million in 2023/2024.
Tanzania’s cashew nuts industry is getting a big boost with the construction of the first Fairtrade plant to add value to the produce within Mtwara region. The industrial park in Mtwara is poised to tap into the region’s massive production to boost the income of millions of farmers.
According to the Cashew Board of Tanzania (CBT), exports of the crop generated a total of $227 million in the 2023/2024 season, a significant increase from the $162 million realized during 2022/2023 period.
With the Tanzania cashew nuts market expected to reach $690.97 million this year and grow at an annual rate of 4.48 per cent to $860.25 million by 2029, this industrial park comes at an opportune time …